His thread, he clearly laid out the rules, even gave people fair warning before banning. He really wasn't asking too much to just follow the rules and template on page 1. After all, if you were here, it was to learn HIS system.

Pivot Trading

Well offshore, you could accomplish the same thing with only 5-6% of your capital, much less risk. As far as hedging FIFO and leverage, all non issues to me as well. My issue is market maker brokers in general. It's like betting with a bookie where ...

OANDA Discussion

Never used Oanda in my life, so incorrect assumption there. That was my point, I have never mentioned them, as I stated would be foolish to keep drawing attention to them. You already know who they are, so not so sure why the trolling to have me ...

OANDA Discussion

No big secret at all. Obviously, the "nanny state" in which we live does not want these brokers to exist, so the mentioning them over and over in public forums is foolish. Although I am sure they are aware of these brokers. It only takes a little ...

OANDA Discussion

Interesting post, I follow his system as well and do extremely well. I don't post on his thread, so I am not a follower, but the jealousy of how well he does is actually quite comical. Scam artist, lol, funniest shit I've ever heard, aren't scam ...

(binned per thread starter’s request) World Currency Unit

US residents do not have access to any one broker with all 3 qualities. There are no STP/NDD offerings in the US. I only trade with STP?NDD but must go offshore to do so. Therefore, my brokers are not regulated. However, the spreads are 1/5 of ...

OANDA Discussion

ROFL. The US brokers regulated by supposedly the toughest regulation in the world, the NFA, are THE MOST GUILTY OF ALL.

So brokers take trades, who cares...

Well, if they are a market maker, they must disclose they are holding the other side. Now this is often very cleverly disguised in the fine print (think OANDA). In general, spreads are often much, much thinner as you are paying a commission instead ...

OANDA Discussion

I guess my opinion is simply if the money isn't protected either way, have the least amount exposed as possible. For me, it's not specifically about the leverage or the hedging or FIFO. If there was an actual ECN broker with tight spreads and low ...

OANDA Discussion

Oanda doesn't offer segregated accounts. The CFTC prohibits US brokers from protecting your funds in any way. If oanda, while unlikely, goes belly up, you get nothing. This is why there is ABSOLUTELY NO ADVANTAGE trading with a US broker. You ...

OANDA Discussion

Just stating facts. The US brokers trade against you, have way higher spreads, don't offer enough leverage, freeze platforms, don't allow hedging, make you close positions in a certain order and do not protect your funds in any way. What part of ...

OANDA Discussion

The other thing I don't understand is the fact you folks are paying like triple the spread that I pay to trade with a broker that is outright scamming you. Seriously, someone provide just one benefit to a US broker. Just one.

OANDA Discussion

Nope. I never experience them. You know why? I trade with an "unregulated" offshore broker. Once again, the US regulators are so worried about high leverage, hedging and FIFO (things that help the trader), they must not have time to pay attention to ...

OANDA Discussion

This is because, despite the regulations that are "protecting" us, the two remaining US brokers both trade against their clients. It's like betting against someone where they control the outcome. But not to worry, the low leverage, no hedging and ...

OANDA Discussion

FX Choice is horrible since merger with Forex Broker Inc. Trader's Way and Finpro trading are BY FAR the two best options.

OANDA Discussion

That's LMFX, already aware of that broker. They cleverly just changed one letter the A to an F. I check that thread at least twice per week.

OANDA Discussion

LMAX most definitely does not accept US citizens. Been trading offshore for 4 years and I'd be all over that. Do you have a link that states otherwise?

OANDA Discussion

You do not need 50%. If you are trading with 2:1, 33% keeps you at break even. So you need to maintain a 33% winning % and at SOME POINT reel off 8 more winners than losers. Never mind, I am almost 30% done, I'll just open up the trade explorer ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

What all the negative posters are not understanding is this....you do not need a system of 2:1 RR with a long term winning % above 50, you need a 2:1 RR system where at some point, in some short term sample, you have 8 or 9 more winners than losers. ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Well then what they are saying is if the incorrect feed affected traders in ANYWAY it will be corrected. I'm not taking sides here, but I've used them for 3 years with no issues whatsoever. I also do not use or believe EAs work, so cannot comment on ...

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